Posted Jan 20:
Have you been wondering about Gemini, Genesis, and the Grayscale Trust?
If so, this deep dive from the podcast Odd Lots is fantastic.
Three Arrows Capital and BlockFi were both borrowing from Genesis in order to get involved with a Grayscale arbitrage trade... and now Genesis is bankrupt. Of course, this is also why CoinDesk is up for sale, since Genesis, Grayscale, and CoinDesk share a parent company.
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